Call reports 2014
NEW FRONTIER BANK — 2014
What NEW FRONTIER BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 99,380,000 | 99,425,000 | 95,610,000 | 94,610,000 |
| Total loans | 61,130,000 | 59,027,000 | 57,053,000 | 57,887,000 |
| Allowance for loan losses | 2,264,000 | 2,032,000 | 2,045,000 | 2,057,000 |
| Securities available for sale | 18,968,000 | 20,519,000 | 20,598,000 | 22,134,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,035,000 | 90,709,000 | 86,952,000 | 86,125,000 |
| Interest-bearing deposits | 75,814,000 | 72,559,000 | 72,170,000 | 70,929,000 |
| Noninterest-bearing deposits | 15,221,000 | 18,150,000 | 14,782,000 | 15,196,000 |
| Equity capital | 7,531,000 | 7,917,000 | 7,969,000 | 8,020,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 980,000 | 1,947,000 | 2,877,000 | 3,770,000 |
| Interest expense | 86,000 | 170,000 | 252,000 | 331,000 |
| Net interest income | 894,000 | 1,777,000 | 2,625,000 | 3,439,000 |
| Noninterest income | 119,000 | 238,000 | 371,000 | 505,000 |
| Noninterest expense | 895,000 | 1,844,000 | 2,747,000 | 3,661,000 |
| Provision for loan losses | -400,000 | -650,000 | -650,000 | -650,000 |
| Pretax income | 518,000 | 821,000 | 899,000 | 933,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 518,000 | 821,000 | 899,000 | 933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,736,000 | 8,039,000 | 8,117,000 | 8,151,000 |
| Total capital | 8,615,000 | 8,887,000 | 8,939,000 | 8,985,000 |
| Risk-weighted assets | 68,900,000 | 66,632,000 | 64,558,000 | 65,505,000 |